Triad Goodwill CEO Gorham to Retire after 33 years

Richard J. Gorham

"GREENSBORO, NC – The Board of Directors of Goodwill Industries of Central North Carolina, Inc. (Triad Goodwill) announces that Richard J. Gorham has chosen to retire as CEO effective January 6, 2017.   The executive board will conduct a search for the next CEO with Goodwill Industries International, Inc.

“Richard has been an outstanding leader and CEO.  His unique combination of strategic and operating skills, plus his commitment to our mission, employees, customers and stakeholders has redefined Goodwill Industries of Central North Carolina and led to an entirely new and better way of serving the communities in which it operates,” said Charles E. Judy, Jr., chairman of the board for Goodwill Industries of Central North Carolina, Inc.

Under Gorham’s leadership, Triad Goodwill has become a leader within the Goodwill movement. When he first came on board in 1983, the organization was operating in the red and serving only a handful of people. Gorham built the organization into what it is today, employing more than 350 people, providing services to 16,954 people last year, and pumping nearly $60 million dollars back into the local economy.

For the past 15 years, Triad Goodwill has been recognized for operating in the top 10 of the 165 autonomous Goodwill organizations across North America. This ranking is measured per capita with operational capacities in several key categories including mission outcomes, retail sales, donation procurement, and employee tenure, to name a few.

“The succession plan we have in place will keep Triad Goodwill operating smoothly so it can continue its work as the recognized leader for helping people develop the work skills necessary to successfully integrate into the competitive labor market,” said Chairman Judy.

The entire Board of Directors, as well as everyone in the Triad Goodwill family, extends their sincerest thanks for his service, his leadership and his commitment to the organization and its people.

About Triad Goodwill:

Triad Goodwill (Goodwill Industries of Central North Carolina, Inc.) promotes the value of work by providing career development services and work opportunities for people with employment needs. In the past year, Triad Goodwill served 16,954 people in the community and helped place 3,378 workers in competitive employment. 85 cents of every dollar earned at Triad Goodwill’s retail stores goes into their mission."

- A Press Release

National Folk Festival Announces Roster of Returning and New Sponsors for 2016

"Greensboro, N.C., August 31, 2016  — The National Folk Festival announced today its entire list of sponsors for 2016. The 2016 Festival will run in downtown Greensboro from 6 – 10:30 pm on Friday, September 9; from noon – 10:30 pm on Saturday, September 10; and from noon – 6:30 pm on Sunday, September 11. More than 100,000 people attended the Festival in 2015 over the course of the three-day weekend.

“We are delighted to have such a robust group of sponsors partnering with us on the National Folk Festival,” said ArtsGreensboro President and CEO Tom Philion, who leads the Festival fundraising efforts. “Not only have many longtime ArtsGreensboro supporters chosen to support the Festival, but many new organizations have also joined in this effort to provide a FREE, three-day weekend celebrating the roots and heritage of all Americans.”

These sponsors are new for 2016:

·      BB&T: Sponsoring the N.C. Folklife Area

·      Duke Energy: Dance Pavilion Co-Sponsor

·      North Carolina Education Lottery: Dance Pavilion Co-Sponsor

·      Downtown Greensboro, Inc.: Festival Trolley Sponsor

·      Mickey Truck Bodies: Volunteer program Sponsor

·      ITG Brands

·      Allen Tate: VIP Viewing Area Sponsor

·      Ben & Jerry’s: Creamy Frozen Dessert Sponsor

·      Kona Ice of Greensboro: Icy Frozen Dessert Sponsor

These sponsors are returning in 2016:

·      VF Corporation: Wrangler Stage

·      Blue Cross and Blue Shield of North Carolina: Lawn Stage

·      City of Greensboro

·      Greensboro Convention and Visitors Bureau

·      Action Greensboro and Its Supporting Foundations, including

o   Joseph M. Bryan Foundation

o   Cemala Foundation

o   Tannenbaum-Sternberger Foundation

o   Phillips Foundation

·      North Carolina Arts Council: N.C. Folklife Area

·      Cone Health: Wellness Sponsor

·      PNC Bank: N.C. Arts Marketplace Sponsor

·      Guilford County

·      Lincoln Financial Group

·      National Endowment for the Arts: Fabric of Freedom

·      AJ Fletcher Foundation: Fabric of Freedom

·      Deuterman Law Group: Festival Mobile App Sponsor

·      Foothills Brewing Company: Craft Beer Co-Sponsor

·      Natty Greene’s Brewing Co.: Craft Beer Co-Sponsor

·      Lincoln Financial Foundation: Fabric of Freedom

·      McDonald’s: Family Stage Sponsor

·      Weaver Foundation

·      Wells Fargo: Family Area Sponsor

·      The Carroll Companies: Artist Sponsor

·      Guilford Merchants Association: Info Booth Sponsor

·      NC by Train/Amtrak: Transportation Sponsor

·      Pepsi Bottling Ventures: Beverage Sponsor

·      Senn Dunn Insurance & PURE Insurance: Opening Reception Sponsors

·      O.Henry & Proximity Hotels: Hospitality Partners

·      AT&T North Carolina: Artist Sponsor

·      Bank of America: Artist Sponsor

·      Craft Insurance: Artist Sponsor

·      North Carolina Folklife Institute

·      All-State Restaurant Equipment

Media sponsors for 2016 include:

·      News & Record

·      Our State magazine

·      Capitol Broadcasting Company

·      iHeart Media

·      Fox 8

·      WFDD

·      UNC-TV

·      WBRF

·      Guilford County Women’s Journal

In-kind sponsors for 2016 include:

·      All-State Restaurant Equipment

·      Caffey Distributing

·      Carolina Theatre

·      Greensboro Grasshoppers

·      North Carolina Folklife Institute

·      PTI Airport

·      The Printery

·      Replacements, Ltd.

·      R.H. Barringer

·      Tech Triad

Approximately 300 artists—musicians, dancers, storytellers, and craftspeople—will take part in the National Folk Festival, with more than 40 different musical groups performing on eight outdoor performance venues throughout downtown Greensboro.

To learn more about all these artists, their traditions, and their stories, please visit nationalfolkfestival.com/performers and connect with the Festival on social media:

·      #NCFolkFest

·      Twitter: @NtlFolkFestNC

·      Instagram: NationalFolkFestNC

·      YouTube: National Folk Festival NC

# # #

About the 2016 National Folk Festival: Co-produced by the National Council for the Traditional Arts (NCTA) and ArtsGreensboro, the National Folk Festival is celebrating the second year of its three-year residency in downtown Greensboro in 2016. The FREE, three-day event is America’s longest-running festival of traditional arts. nationalfolkfestival.com

About the National Folk Festival: Since it was first presented in St. Louis in 1934, the National Folk Festival has celebrated the roots, richness, and variety of American culture. Championed in its early years by Eleanor Roosevelt, it was the first event of national stature to present the arts of many nations, races, and languages on equal footing. An exuberant traveling festival that embraces the diverse cultural expressions of the American people in the 21st century, the National Folk Festival is FREE to the public, and is produced by the National Council for the Traditional Arts (NCTA) in partnership with communities around the country.

About the National Council for the Traditional Arts (NCTA): The National Council for the Traditional Arts (NCTA) is one of the nation’s premier non-profit cultural organizations dedicated to the presentation and documentation of folk, tribal, and ethnic arts in the United States. Founded in 1933, it is the nation’s oldest producing and presenting organization with such a focus. Its programs celebrate and honor deeply rooted cultural expressions—music, crafts, stories, and dance passed on through time by families and communities as well as by tribal, ethnic, and occupational groups. The NCTA stresses excellence and authenticity in presenting artists to the public in festivals, tours, concerts, media programs, exhibitions, recordings, and other activities, and works in partnership with communities across American to establish new, sustainable traditional arts events that bring lasting social, cultural, and economic benefits. www.ncta-usa.org

About ArtsGreensboro: With an annual budget of approximately $3.5 million, ArtsGreensboro is a catalyst for innovation to build recognition and support for the arts. Through its ArtsFund-supported grant programs, the 17DAYS Arts & Culture Festival, the Levitt AMP Greensboro Music Series, I HEART ARTS Month, and other opportunities including the National Folk Festival, ArtsGreensboro is driving the health and vitality of our community by supporting arts education, celebrating the diversity of Greensboro, and driving economic impact through excellence in arts programming. artsgreensboro.org"

- A Press Release

BioSolar Adds N.C. A&T Engineering Team to Strengthen Efforts to Increase Capacity and Reduce Cost of Lithium-ion Batteries

"BioSolar, Inc., a developer of breakthrough energy storage technology and materials, has entered into a new sponsored research agreement with North Carolina Agricultural and Technical State University to strengthen the engineering development efforts of its battery technology. The company’s goal is to increase the capacity and reduce the cost of lithium-ion batteries.

Dr. Sung-Jin Cho, assistant professor in the Department of Nanoengineering at North Carolina A&T State University, will be the lead investigator of the newly initiated sponsored research. Cho also serves as Director of Nano Energy Laboratory, a role he has held since August 2014. Prior to his current position, Cho was a technical lead at Johnson Controls Inc., Battery Technology Center in Milwaukee, Wisconsin, from 2008 to 2014. He led the United States Advanced Battery Consortium (USABC) program to design and evaluate battery material and lithium-ion cell engineering for automotive application for over six years. Prior to pursuing his Ph.D. in the U.S., Cho worked on lithium-ion battery technology development in Korea, and held a number of positions at LG. His research encompasses fundamental materials studies such as catastrophic failure mechanism study, synthesis and physical characterization, as well as device and system design and fabrication.

This agreement represents a natural progression from the scientific development phase represented by the company’s existing sponsored research program at the University of California, Santa Barbara (UCSB), now scheduled to conclude in October 2016. In place since 2014, this agreement and subsequent scientific efforts have resulted in the creation of innovative intellectual properties that form the basis of BioSolar’s critical core technologies. The company currently co-owns two patent-applications for a supercapacitor technology and its super cathode technology with UCSB.

“We are excited to have Dr. Cho lead our new engineering and commercialization program at North Carolina A&T State University,” said Dr. David Lee, CEO of BioSolar. “His experience in developing high energy lithium batteries and process development draws many parallels to what we are seeking to build upon. We believe this new effort will positively complement our previous activities at UCSB, bringing us one step closer to achieving our corporate objectives and ultimately realizing value on behalf of our shareholders.”

BioSolar is developing a breakthrough technology to double the storage capacity, lower the cost and extend the life of lithium-ion batteries. A battery contains two major parts, a cathode and an anode, that function together as the positive and negative sides. Inspired by nature, BioSolar is developing a novel cathode based on inexpensive conductive polymers and organic materials that can fully utilize the storage capacity of conventional anodes. Founded with the vision of developing breakthrough energy technologies, BioSolar's previous successes include the world's first UL approved bio-based back sheet for use in solar panels. 

About North Carolina A&T State University
North Carolina Agricultural and Technical State University is the nation’s largest historically black university. It is a land-grant, higher research university and constituent member of the University of North Carolina system. A&T is known for its leadership in producing graduates in engineering, agriculture and other STEM fields. The university was founded in 1891 and is located in Greensboro, North Carolina. "

- A Press Release

Triad Goodwill Announces 2016-2017 Board of Directors

"GREENSBORO, NC – Goodwill Industries of Central North Carolina, Inc. (Triad Goodwill) announces their 2016-2017 Board of Directors. The nonprofit agency is headquartered in Greensboro and provides free services for the un- and underemployed at seven career development centers with funds earned in their 20 stores throughout Alamance, Caswell, Guilford, Randolph and Rockingham Counties.

Officers for the next fiscal year are:

•   Board Chair - Charles E. Judy, Jr., BB&T

•   Chair Elect - Johnny Wood, CPA, Haynes Strand & Company, PLLC

•   First Vice Chair - Peyton Fairbank, HICAPS

•   Secretary/Treasurer - Lori Thompson, Premier Federal Credit Union

•   Legal Counsel - Charles Younce, Esq., Younce & Moore, LLP

New appointees to Triad Goodwill’s Board of Directors are: 

•   Carrie Griswold

•   LaTonya McCummings, BB&T

•   David Reich, Best Logistics Group

•   Dr. Carole Stoneking, High Point University - David R. Hayworth College of Arts & Sciences

The 2016-2017 Board of Directors also includes:

•   Dr. John L. Eatman, UNCG Bryan School of Business & Economics

•   Gary Fly, Gary Fly Consulting, LLC

•   Mike Gannaway, Retired, VF Corporation

•   M. Scott Henegar, Northwestern Mutual

•   Robert  D. Hudson, Northwestern Mutual

•   G. Thomas Jordan, Triad Financial Advisors

•   Dr. Mark Kinlaw, Rockingham Community College

•   Alex Maultsby, Esq., Smith Moore Leatherwood, LLP

•   Gary Rogers, D.H. Griffin Construction Co., LLC

•   David Shelton, Advanced Technology Investigations, LLC

•   Ernestine Taylor, ET Consulting

•   G. Randolph Uzzell, Jr., CCP, Global Security Solutions, LLC

Triad Goodwill’s 2016-2017 Board of Advisors are:

•   Lacy G. Baynes, Retired, Guilford Mills

•   Robert Finley, Retired, Volvo

•   Kimberly Maready, CPA, Old Dominion Freight Lines

•   David Moff, SPHR, JER HR Group, Inc.

For more information, follow Triad Goodwill on Facebook.com/TriadGoodwill (subscribe to Events), @TriadGoodwill, Instagram, Pinterest, YouTube, LinkedIn and visit TriadGoodwill.org. We Put People To Work!

About Triad Goodwill:

Triad Goodwill (Goodwill Industries of Central North Carolina, Inc.) promotes the value of work by providing career development services and work opportunities for people with employment needs. In the past year, Triad Goodwill served 17,179 people in the community and helped place 3,556 workers in competitive employment. 85 cents of every dollar earned at Triad Goodwill’s retail stores goes into job training for residents of the Triad."

- A Press Release

KENNY G HEADLINES 6TH ANNUAL JOHN COLTRANE INTERNATIONAL JAZZ AND BLUES FESTIVAL

"HIGH POINT, N.C., May 24, 2016 - The Friends of John Coltrane, Inc. is excited to announce contemporary jazz icon, Kenny G will headline the 6^th Annual John Coltrane International Jazz and Blues Festival.  The event will be held Labor Day Weekend, Sept. 3-4 at Oak Hollow Festival Park with Kenny G performing on Sunday, Sept. 4.

In a recording career that spans almost three decades and 23 albums, Grammy® Award-winning saxophonist Kenny G has grafted elements of R&B, pop, and Latin to a jazz foundation solidifying his reputation as the premiere artist in contemporary jazz. Since the early ‘80s, his combination of unparalleled instrumental chops and indelible melodies has resulted in sales of more than 75 million records worldwide (45 million in the U.S. alone) and more than a dozen climbs to the top of Billboard’s contemporary jazz chart.

His 1986 album Duotones, included his signature single “Songbird.”  The 1992 release Breathless sold more than 12 million copies.  Kenny G won the 1994 Grammy Award for Best Instrumental Composition for the song “Forever in Love.”  His recent album releases include Heart and Soul (2010) and the 2015 release, Brazilian Nights.

          The yearly celebration of jazz and blues music honors the legendary jazz saxophonist John Coltrane, a High Point native, who graduated from William Penn High School, now Penn Griffin School of the Arts.  

For ticket purchases, directions, or more information, visit www.coltranejazzfest.com.

#     #     #

About the Friends of John Coltrane:

The Friends of John Coltrane, Inc. formed in 2009.  The mission is to preserve and celebrate the life and music of John Coltrane and to enrich the lives of others through the introduction of jazz and other musical genres.  The organization is an outgrowth of individuals who worked several years to raise funds to commission the John Coltrane statue that was erected in 2006 along with a kiosk in 2008.  In 2009, the Friends of John Coltrane, Inc. decided to create an annual John Coltrane International Jazz and Blues Festival. At that point, it was decided to file to become a 501(c)3 and begin staging events to raise money and awareness.  In August 2010, the IRS recognized the organization as a 501(c)3 charitable organization."

- A Press Release

Triad Goodwill Helps the Homeless This Holiday Season

Employees Donate Supplies for Toiletry Kits

"Triad Goodwill employees are giving back this holiday season. They collected donations of toiletries, hats, gloves, scarves and socks for kits to distribute at shelters in their five county service area. Triad Goodwill employees have assembled more than 100 kits so far and will finish the assembly process on Monday morning, Dec. 21. Employees will then distribute the kits to shelters in Alamance, Caswell, Guilford, Randolph and Rockingham Counties in North Carolina.

Each holiday season, Triad Goodwill collects donations for other local non-profits at their company holiday breakfast. This year, their social committee (recently renamed Team B.A.M.M.), chose area homeless shelters. Team B.A.M.M. stands for Buy-In, Appreciation, Motivation and Mission.

Triad Goodwill thanks the Greensboro Grasshoppers for their generous contribution for the purchase of additional supplies for the kits, as well as Carrie Crotts, who assembled 15 bags as part of a civics project at Ledford High School in Davidson County. 

About Triad Goodwill:

Triad Goodwill (Goodwill Industries of Central North Carolina, Inc.) promotes the value of work by providing free career development services and work opportunities for people with employment needs. In the past year, Triad Goodwill served 17,179 people in the community and helped place 3,556 workers in competitive employment. 85 cents of every dollar earned at Triad Goodwill’s retail stores goes into job training for residents of the Triad. TriadGoodwill.org"

- A Police Report

GCS and Amplify Agree to Part Ways

GCS will begin looking for a new

tablet provider for 2016-17 school year

Greensboro, N.C. – Guilford County Schools and Amplify, Inc., have agreed to part ways by the end of this school year, according to an agreement approved by the school board this evening (Dec. 17).

The new deal allows both parties to exit the current agreement about two years early without incurring any penalties. It also frees GCS from any payment this school year, a savings of about $3.8 million in federal grant expenditures. The district will use the funds to keep the one-to-one program operating at all middle schools through the 2017-18 school year.

The district plans to issue a request for proposals for a new tablet supplier within the next two weeks. The goal is to have a new vendor on board this spring, with new devices in classrooms when school resumes next fall.

Rather than pursue an all-in-one solution as it did with Amplify, GCS plans to separate the device bid from any digital content, software and management services. The district also plans to purchase the devices rather than access them through a service contract.

“We’ve learned a lot of valuable lessons along the way and there’s more on the market now we can take advantage of than there was several years ago,” says Terrence Young, chief information officer. “Our goals remain the same: finding new and better ways of engaging and challenging students more actively in their own learning.”

Young said the North Carolina Department of Public Instruction (NCDPI) also is providing more digital resources to public schools, reducing the need for some services previously supplied to GCS by Amplify.  

District officials anticipate staggering the re-start in middle schools next fall. Called Personalized Achievement Curriculum and Environment (PACE), the initiative is part of a $35 million grant GCS received from the U.S. Department of Education in 2013 following a national competition in 2012.  

“Technology is a necessary tool in classrooms today, and it’s important that all students have access to digital tools and resources, especially in a district like GCS where so many students may not have access at home,” says Robin Britt, director of instructional technology.

While technology puts new and better tools and resources into classrooms, the key to success isn’t the technology but the teachers and the students, according to Britt.

“Personalizing learning is about teachers and students working together to meet each student’s unique learning needs,” says Britt. “Technology and digital content are amazingly helpful, but are always secondary to the talents of our teachers and the growth of students as they learn to work more independently.  We’ve seen real magic for kids occur in our classrooms when all of these factors interact in new and powerful ways.”

GCS will start shipping its current tablets back to Amplify in May of 2016 when state testing begins. Amplify was sold by News Corp. in September, 2015.

“The federal grant we received was considered experimental for a reason,” noted Young. “While things clearly didn’t go as smoothly as we would have liked the first year, a lot of great work has been accomplished since then and our students have benefited as a result.”

About Guilford County Schools

Guilford County Schools, the third largest school district in North Carolina, serves nearly 72,000 K-12 students at 127 schools. With approximately 10,000 employees, GCS works alongside local parents, businesses and colleges to deliver an education that connects student interests and skills with the careers and economy of our future here and around the world. Guilford County is also a Say Yes to Education community, giving eligible GCS graduates the opportunity to apply for last-dollar tuition scholarships to attend any 2- or 4-year public institution in North Carolina. Combining choices to meet the individual educational needs for a culturally diverse citizenship and new opportunities makes our families say, “GCS, Yes!” For more information, visit the district’s website at www.gcsnc.com."

- A Press Release

LIVE TRIVIA SHOW LAUNCHED IN THE TRIAD, FEATURING FIRST RESPONDERS AS CONTESTANTS BLENDING GAME SHOW FUN WITH PHILANTHROPY

Selfless: Do Unto Others” live game show at the C3 Event Center

"Save The Arts Foundation, Inc. presents the live trivia game show “SELFLESS: Do Unto Others.” The show will begin at 6:00pm on Nov. 21 at C3 Event Center, 300 NC Highway 68, Greensboro, NC. The trivia show challenges 3 contestants in competition, to win money to split with their favorite nonprofit organization in Guilford County.  First Responders of the Greensboro Police Department, Greensboro Fire Department and Guilford County EMS will be the featured contestants for this event.

SELFLESS is a live show that provides individuals with a way to raise money for their favorite charitable organization and allows nonprofits to educate the community on their local and national efforts.  A contestant can win as much as $5,000 to share with their favorite charitable organization. There will be lots of audience participation and engagement. On November 21^st Captain Mike Richey from the Greensboro Police Department will be playing to benefit Greensboro Crime Stoppers.  Captain Kelly D. Giles of the Greensboro Fire Department will be playing to benefit Hospice and Palliative Care of Greensboro.  Nicole Davis of Guilford County EMS will be playing to benefit The Tammy Wilson Foundation.

“We are very excited to have first responders as contestants on our next game show.”” says Yohmina Kasey, Executive Producer and creator of SELFLESS. “These local heroes will take center stage in order to further give back to the community as they do on their daily jobs.”

This event is designed to provide the community with a different style of entertainment, while at the same time building cohesion and relationships among citizens and charitable organizations in our community.

“SELFLESS: Do Unto Others Live Game Show,” is currently inviting the entire community out as  audience members to give back to those nonprofits that endlessly give. If one is interested in becoming a contestant on the show in our 2016 line up,  they must complete an online registration form from  selflessusa.com. Contestants are chosen 4 weeks prior to each game date.  Nonprofits must also be registered and verified with the show by completing an online registration form from selflessusa.com. Contestants that would like their winnings to go to a particular nonprofit must indicate that upon registration.

Tickets are on sale now at www.selflessusa.com.  This event is free for children 12 and under.  All other tickets are $12.  Groups of 12 or more may take advantage of the group sale price of $10 per ticket.

For more information contact: Yohmina Kasey, 336-285-7616, yohmina@selflessusa.com.

Follow Selfless on FaceBook: www.facebook.com/selflessusa

Follow Selfless on Twitter: twitter.com/selfless_usa"

- A Press Release

The Friends of John Coltrane, Inc. Host Miles & Coltrane: Blue (.)

"High Point, N.C. –The Friends of John Coltrane, Inc. will be hosting the well-received play, Miles & Coltrane: Blue (.), on Saturday, May 9^th, at the International Civil Rights Museum, 134 S. Elm St. Greensboro, NC. 

Join us for this special presentation of Miles & Coltrane: Blue (.) that captures the galvanizing energy of the 1950′s, an element of time when American society was rapidly changing. During this era, jazz was the soundtrack to a new social revolution. And at the forefront of jazz music was trumpet blaring Miles Davis and skillful saxophonist John Coltrane, who partnered to make a wondrous residual slide in soundscapes that would unleash their names to be forever known as jazz legends. Award winning actors, musicians, and poets articulate this noteworthy shift in music history, taking you on a journey through the artists’ lives and the legacy they left behind.

Hors d' oeuvres will be available at 7pm with Miles & Coltrane: Blue (.) starting at 8pm.

Tickets are $40 per person and can be purchased online at www.friendsofjohncoltrane.com, through PayPal.  Tickets are also available at the International Civil Rights Museum in Greensboro.

Proceeds benefit the 5th Annual John Coltrane International Jazz & Blues Festival being held on Labor Day weekend, 2015, at Oak Hollow Festival Park.

The mission of The Friends of John Coltrane is to preserve and celebrate the life and music of John Coltrane and to enrich the lives of others through the introduction of jazz and other musical genres."

- A Press Release

Price of Homes Sold Increase Almost 9% in Guilford County

Greensboro, NC – The seasonally adjusted average home price in Guilford County in October 2014 was $183,208, an 8.6% increase over October 2013’s average of $168,652 according to monthly figures prepared by Dr. Donald Jud of Jud & Associates for the Greensboro Regional REALTORS® Association.  Existing home prices in this cycle bottomed in January 2012 and have since risen 20.8%.  

In October 2014, the Time on Market (TOM) was 88.8 days, 4.4% less than it was in October 2013.  Over the past 12 months the TOM has declined and the spread, which shows the ratio of selling to listing prices, has risen, indicating less discounting in the market.

Sales of existing, single-family homes in Guilford County increased during last month compared to the previous month.  A total of 423 units sold in Guilford County in October 2014 and 414 sold in September 2014.  The number sold was higher by 2.1% compared to the level of sales recorded in September 2014, and was 4.1% above the number sold during October one year ago.

The inventory/sales ratio, which indicates the number of months to clear the current inventory of homes on the market, was 6.1 months, 3.2% less than the previous month.

“We have had ten months of price increases since January 2014 and seven months of quantity gains since April 2014 indicating a stable market,” said Marian Stafford, president of Greensboro Regional REALTORS® Association. “Interest rates are at record lows and more product is coming on the market since sellers are listing their homes as prices are rising. Whether buying or selling, work with a Greensboro REALTOR® who can help you navigate the process.”

The Greensboro Regional REALTORS® Association, Inc. is a non-profit organization whose mission is to support its members in their business pursuits by promoting the highest professional ethics and being the primary provider for quality services, education and real estate information in the market area."

- A Press Release